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New Deal


Announced

Completed

Сormorant Asset Management led a $62m Series B funding round in Immuneering.

Financials

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Transaction Value£44m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Completed

bioinformatics

Pharmaceuticals

Domestic

United States

Private Equity

Friendly

medicine

Venture Capital

Acquisition

Private

Synopsis

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Сormorant Asset Management, an investment manager, led a $62m Series B funding round in Immuneering, a firm that is creating better medicines through insights from bioinformatics. The round had participation from Surveyor Capital, Rock Springs, funds and accounts managed by BlackRock, Perceptive Advisors and LYFE Capital. Existing investors and senior management also participated in the financing. “Our Disease Cancelling Technology platform has provided insights into therapies that can offer differentiated efficacy and safety with drugs targeting cancers driven by alterations that activate the RAS/MAPK pathway. We are pleased to have such strong support from both our current and new investors as we begin our next phase of growth and advance our leading program targeting MEK into the clinic," Ben Zeskind, Immuneering Co-founder and CEO.

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